Bitcoin (BTCUSD) closing below MA200 is bad news, the next support is sitting at EMA300 or $8536...
If the above level breaks, the next drop can take Bitcoin low to the ~$7600-$7700 price range.
The tendency is down now and Bitcoin is looking bearish, we've been calling a drop since prices peaked a few weeks back.
While Bitcoin takes time out to consolidate its growth, it is time for the altcoins to turn and go.
Namaste.
If the above level breaks, the next drop can take Bitcoin low to the ~$7600-$7700 price range.
The tendency is down now and Bitcoin is looking bearish, we've been calling a drop since prices peaked a few weeks back.
While Bitcoin takes time out to consolidate its growth, it is time for the altcoins to turn and go.
Namaste.
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🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
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(Click & Claim Your FREE Pizza! 🍕)
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.